Tata Motors post loss of Rs.4450Cr in Q1FY22; More than double the Expectation |
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In Q1FY22, Tata Motors reported a loss of Rs.4450Cr , while Revenues were In - line
Know more on how the company performed in Quarter One Results Revenue at 66406cr at vs 31983.1cr, up 107% YoY EBITDA at 5357.5Cr at vs 635.6Cr , up 8.5 times YoY Margins 8.3% at vs 2% Loss at 4450Cr vs 8443.9cr Loss YoY JLR Update JLR sales Revenue up 74% Reports EBIT margin at (0.9%) vs 7.5% QoQ Free cash outflow of £996 million Wholesales of 84.4k, up 72.6%YoY but 30k units (27%) lower than planned due to semiconductor shortage Demand remains strong with record order book of 110k units JLR Outlook Ahead -Expects a negative EBIT margin with a free cash outflow of less than £1 billion -Expect the performance to improve progressively from H2 -As semiconductor supply improves, JLR expects to achieve a positive EBIT margin and positive free cash flow H2 of Current FY Standalone Business -Revenue up 343% YoY -PV business achieves 10% market share after a gap of 9 years -CV revenue up 355% YoY -Sequential improvement in overall performance is expected from the second half of FY22 Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com |